The Abuja Division of the Federal High Court has granted the former Chairman of DAAR Communications Plc, High Chief Raymond Dokpesi, bail to the tune of N200milion. Justice Gabriel Kolawole, this afternoon, ordered Dokpesi to produce two sureties who must deposit N200m each.
One of the sureties must be a public servant, either serving or retired, not below the level of a Director, and the second surety may be an entrepreneur who must submit three years tax clearance.
The court also ordered Mr. Dokpesi to submit his international passport to the court’s registrar within 24 hours.
Mr. Dokpesi is facing a six-count charge of alleged money laundering to the tune of N2.1billion.
Mr. Dokpesi is to be remanded in Kuje prison till the bail conditions are met, the judge said.